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GLWG

GradeBNASDAQ Global Market

Leverage Shares 2X Long GLW Daily ETF

Leveraged · Single-Stock Leveraged · LeverageShares · Inception 2026-03-10

This fund multiplies its index's move each day and resets that multiple daily. Because daily returns compound, its long-run return can differ from the headline multiple.

$13.55−0.80 (−5.54%)

As of Sep 23, 2026, 2:20 PM EDT

History starts Mar 10, 2026.History starts Mar 10, 2026.
Intraday session: down, 58 prints from 14.35 to 13.55. Range 13.33 to 14.45. Use the arrow keys to read each point.$14.00$14.5010 AM12 PM2 PM4 PM
Expense ratio
0.75%
Fund size
$129M
1Y return
—
Yield · Last 12 months
—
Holdings
4
Volume · 30D
1.6M sh
NAV per share
$14.25
52W range
low $7.82high $51.00

The ETF.net GLWG Grade

B

64/ 100

Rank 20 of 380 in Single-Stock Long Leveraged⁠

Confidence High

Six-pillar profile for GLWG. Scores out of 100: Cost 67, Risk 51, Mission 83, Tradability 75, Holdings not scored, Durability 59. Strongest: Mission (83). Weakest: Risk (51). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 64 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    BScore 67
    Category rank126/380 · top 33%

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    AScore 83
    Category rank117/147 · bottom quartile

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    CScore 51
    Category rank120/285 · top 42%

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    AScore 75
    Category rank63/380 · top 17%

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    Not scored
    —

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    BScore 59
    Category rank131/380 · top 34%

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on GLWG

ETF.net Research

BTwo times Corning's daily move, in a wrapper that can't margin-call you. GLWG aims for 200% of GLW's daily return, pointing leverage at the fiber-and-glass supplier behind data centers rather than the usual megacap chip name.

Stated mandate

The Fund seeks daily investment results, before fees and expenses, equal to 200% of the daily performance of GLW.

Why people hold it

  1. 01Charges 0.75% a year, below the typical leveraged single-stock fund and below the 0.96% on Direxion's 2x bull products like AAPU and GGLL.leverageshares.com
  2. 02Leverage without a margin account: swap exposure backed by US Treasuries, losses capped at what you put in, no broker demanding more cash.leverageshares.comleverageshares.com
  3. 03A 2x wrapper on Corning, the optical-fiber and Gorilla Glass maker, instead of another crowded megacap ticker. Lists on Nasdaq and trades like a stock.leverageshares.cominvestor.corning.com
  4. 04Sits in the upper tier of a very crowded 2x single-stock bull group, helped by cost and consistent trading activity.

Worth knowing

  1. 01Resets daily. Hold longer than a day and compounding takes over: a choppy but flat GLW can still leave the fund lower.leverageshares.com
  2. 02One stock, doubled. Display demand, data-center orders and a single earnings date drive the whole thing, with no diversification cushion.investor.corning.com
  3. 03Launched in March 2026, so the history is short, and it makes no distributions. This is an exposure tool, not an income one.leverageshares.com

GLWG Holdings

As of Sep 21, 2026, 6:58 PM
Asset class
Stocks
Holdings
4
Top-10 weight
218%
Largest holding
CORNING INC COM SWAP CLEAR STREET91.6%
The fund’s holdings, weight-ordered — page 1 of 1.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—CORNING INC COM SWAP CLEAR STREET91.60%681,755$102M1
002—CORNING INC COM SWAP MAREX73.26%545,307$82M1
003—CORNING INC COM SWAP CANTOR35.09%261,200$39M1
004—First American Treasury Obligations Fund 01/01/204017.94%20,010,524$20M147

Showing 1–4 of 4 holdings

GLWG Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

GLWG$4,490
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. GLWG $4,490. SPY $10,415. Use the arrow keys to read each point.$2,122$8,630$15,137Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.

Trailing total return for GLWG. Periods over one year show the average yearly return.
PeriodGLWG
Year to dateFund launched this year—
1 month+7.7%
3 months−55.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for GLWG
YearReturn barGLWG
2026 YTD−13.8%

Since listing, Mar 10, 2026

GLWG in the news

ETF.net Research hasn’t filed on GLWG yet — coverage lands here as it’s written.

GLWG Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
—Last 12 months
Payout per share
—Last 12 months

Listed Mar 2026. No distributions yet.

GLWG Risk

This fund targets a multiple of the daily move of its index and resets daily. Hold it longer than one reset and compounding makes the return diverge from that target. In choppy markets it can lose value even when the index ends flat.

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: standard deviation

The sample standard deviation of monthly total returns, multiplied by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: Sharpe ratio

Subtract each month’s Treasury-bill return from the fund’s monthly total return.

Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.

Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.

The largest fall from a peak to the low that followed.
—
Launched Mar 2026; fills in after 12 months
How it’s calculated: maximum drawdown

The largest percentage decline from an earlier peak, using total returns with reinvested distributions.

Uses up to five years through the last close, with at least 12 months required.

How strongly the fund’s returns move with its asset-class index.
2.44
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

GLWG Cost

Expense ratio0.75%
  • The middle half of Single-Stock Long Leveraged funds
  • Median 0.98%

85 of the 329 Single-Stock Long Leveraged funds charge less.

GLWG costs $75.00 a year on $10,000. The median Single-Stock Long Leveraged fund costs $98.00.